Kuaishou's subsidiary has committed multiple illegal acts and has been fined over 26 million yuan.

The State Administration for Market Regulation recently released the fifth batch of typical cases in the live e-commerce sector, and Chengdu Kuai Gou Technology Co., Ltd. was fined 26.6929 million yuan. Chengdu Kuai Gou Technology was established on October 31, 2019, with a registered capital of 50 million yuan. Beijing Kuaishou Technology Co., Ltd. holds 100% of the shares of Chengdu Kuai Gou Technology.